Synopsys(US:SNPS) ZACKS·2026-02-26 02:01Core Insights - Synopsys reported $2.41 billion in revenue for the quarter ended January 2026, marking a year-over-year increase of 65.5% and exceeding the Zacks Consensus Estimate by 0.75% [1] - The earnings per share (EPS) for the same period was $3.77, up from $3.03 a year ago, representing a surprise of 5.71% over the consensus estimate of $3.57 [1] Revenue Breakdown - Maintenance and service revenue reached $715.73 million, surpassing the average estimate of $660.32 million, with a year-over-year change of +176.4% [4] - Total products revenue was $1.69 billion, slightly below the average estimate of $1.73 billion, reflecting a year-over-year increase of +41.5% [4] - Design IP revenue was $407 million, compared to the average estimate of $420.17 million, showing a year-over-year decline of -6.5% [4] - Design Automation revenue was $2 billion, exceeding the average estimate of $1.76 billion, with a significant year-over-year increase of +96.2% [4] - Upfront products revenue was $741.53 million, above the average estimate of $601 million, representing a year-over-year change of +101.4% [4] - Time-based products revenue was $951.54 million, below the average estimate of $1.1 billion, with a year-over-year increase of +14.9% [4] Stock Performance - Synopsys shares have returned -12.3% over the past month, contrasting with the Zacks S&P 500 composite's -0.3% change, indicating potential underperformance in the near term [3]